The Business of Real Estate

We have all read about the shift in home ownership to a "for rent" society.  Today's article from NAR's blogtalks about this using a supporting report from Morgan Stanley.What got me, was not the part about the decrease in home ownership, but how it impacts the business of residential real estate...

If you've been following any of the discussions about MLS data, i.e who owns it, who should control it etc.  then we should be having a similar conversation about the big "what if"?   What if, the MLS's strengthen their position, form stronger relationships with each other and decide (again) that...

Say what?  Take a look around at the housing in your community (a generalization), then drive closer to a city center (i.e. Chicago, LA, NYC, Denver, Dallas, Miami, etc.) – Do you see homes that are totally obsolete? These home types appear to be everywhere, covering the entire economic scale.  A...

Today, Chris Smith over at Inman wrote about having businesses take down their Facebook pages immediately.  As it turns out we had "suspended" our account a few weeks ago.While our business model and goals are purely Internet based, we just couldn't figure out how to develop a strategy that justi...

Within the last week or so MLS data has come under a lot of fire.  One real estate brokerage recently launched a new product which essentially detailed the compensation history of an agent. The report however, caused so much controversy, most having to do with the inaccuracies of its data (which ...

In preparation for a meeting with one of the Internet’s big real estate information portals yesterday our management wanted to have a current handle on just how big the market is for redevelopment property i.e. teardowns.  The industry uses the term “infill” to accurately describe this type of re...